Live in luxury housing at an affordable price in Fethiye with "COMMON TITLE DEED"
The official ownership of property belonging by more than one person is called the "Common Title Deed".
The main issues on which you can turn the common title deed into an opportunity.
1- Reside and vacation in luxury residences above your budget.
2- Summer cottages purchased for holiday purposes are not paid for unused times
3- Division of common expenses, taxes and expenses
4- For investment purposes, renting or leasing
5- Transportation to low-budget buyers when you want to sell
6- Using as a timeshare with multiple partners
Standard period of residence between two property owners in common deeds.
February - July or August – January. If the owners agree, these periods will be changed to summer/winter months or as requested.
1- Reside and vacation in luxury residences on budget
During the purchase of luxury houses, it can strain expenses and dues and budgets, and dividing all expenses can make life easier without sacrificing comfort.
2- Summer cottages purchased for holiday purposes are not paid for unused times
Nowadays, many summer owners want to rent out their properties when they are not using them, and the times when you are not using the property with the common title deed are considered optimal.
3- Division of common expenses, taxes and expenses
Site fees and common expenses paid, especially in luxury residences, may be higher than anticipated. When household goods, building maintenance depreciation costs and property taxes are added to these, the most effective way to avoid budget strain may be the common deed.
4- For investment purposes, renting or leasing
By selling your permanent residence to investors, you can satisfy your cash needs and provide income to investors by paying regular rent for partial sold periods. Conversely, by generating fixed income from a property from which you purchased the partial right, you profit from the increase in the value of the property.
5- Transportation to low-budget buyers when you want to sell
When you want to cash in your investment, it is easier to reach low-budget investors and holidaymakers with common deeds.
6- Using as a timeshare with multiple partners
Thanks to the common deed purchases to be made only for the weeks/months when you want to use the property during the year, the opportunity to take a holiday with exceptionally low budgets is created.
In addition, thanks to the increase in the value of the property over time, the budget value you invest continues to dig.
Frequently asked questions about "COMMON TITLE DEED"
• Does the common title deed require kinship?
No, it's not. it is enough for any individual to request a joint title deed declaration during the deed transactions.
• How many people can use the common title deed and should the rates be equal?
There is no restriction on the number of persons in the common deed. The share and right of use in the title deed is known to be regulated equally or in different proportions.
• At what rate is the purchase amount and other expenses of the property paid?
Each partner assumes the amount of purchase payment, tax and expense as much as the share he owns in the deed.
• How are the times of use of the property and other rules regulated?
All usage rights rules before purchase are regulated by us by standard agreement. The items agreed upon by all parties are changed or added. In case of conflict of interest, the lottery method is applied.
• Is bank credit used for the purchase of property by common deed?
Yes, it is. if all partners have creditworthiness, everyone can open a separate account and use a joint bank loan. Getting credit approval can be difficult if the partner is more than two.
• Is the common deed suitable for small investors?
Yes, it is. acquire property with common deed for small investors; renting is a good form of investment with the increase in the value of the property and the rights to use it. Upon request, it may sell the partial right to the property to other partners or independent persons without the approval of other partners.
• Who regulates the management of the property purchased by common deed?
The contract at the time of purchase is prepared by us and signed by the partners. Then, when requested, the management of the property is managed by us for a fee at an equal distance to all parties with our property management program.
• What kind of properties can I buy with a common title deed?
You can buy all types of real estate. We combine the incoming records with the real estates we have, register your property and share with you the active, suitable real estates in Fethiye.
Contact us for more information and sign up for the types of properties you want!
Common Title Deed Examples;
1- 4+1 180m² Detached pool and garden villa 2.500.000TL at Fethiye Calis beach
Individuals A and B buy the Villa with a common title deed for 1.250.000TL per person.
A lives in Istanbul and wants to use Villa in the summer from May to October.
B lives in Canakkale and wants to use villa in winter from November to April.
2- Fethiye Akarca mh. apartment 3+1 110m² in the site, the value of the house is 800.000TL
Person A wants to sell 50% of the house and continue to live in the house because of the need for cash.
Individuals B and C plan to buy and rent property for investment purposes.
B and C pay 200,000TL per person and buy 50% of the house from Person A.
The monthly rental price of the house on the market is 3600TL. A continues to live at home by taking 400,000TL in cash from the sale process and pays the monthly rent price of 1800TL to Individuals B and C for 900TL per person.